Virginia Statutes
§ 21-397 — Interest and maturity of bonds
Virginia·Title 21 DRAINAGE, SOIL CONSERVATION, SANITATION AND PUBLIC FACILITIES DISTRICTS·Ch. 6 DRAINAGE PROJECTS
The bonds shall bear not more than six per centum interest per annum payable semiannually, and shall be paid within thirty years, the first installment of principal shall mature at the expiration of three years from the date of issue.
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Legislative History
Code 1919, § 1774; 1920, p. 612; 1926, p. 623.
Nearby Sections
15
§ 21-1
Repealed§ 21-112.22
Definitions§ 21-114
Hearing and notice thereof§ 21-115
Answer and defense§ 21-117
Merger of sanitary districts§ 21-117.1
Abolishing sanitary districts